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The Metanational
era
is underway.
A powerful new book
shows why - and how - managers will
join it.
In their new book From Global to
Metanational:
How Companies Win in the Knowledge Economy, released on Nov. 13
by Harvard Business School Press, international business and strategy
experts Yves Doz, José Santos, and Peter Williamson introduce
a radically new kind of company - the metanational. This new breed identifies
emerging knowledge from all over the world, leverages it into innovations,
and turns innovations into value ahead of the competition. Through examples
drawn from years of research into firms ranging from multinationals
to start-ups, Doz, Santos and Williamson show how companies can grasp the opportunity - and challenge - of becoming a metanational
competitor.
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And why the name metanational? Arent global, multinational,
multifocal, transnational, and so on sufficient? Not really. We
need a new name when we are trying to articulate a new model, a new
paradigm. For a metanational, globalization is not about taking home-country
know-how to new markets, projecting around the globe a formula it
has developed in a single center of excellence. It is about fishing for knowledge in a global pool, harvesting that
knowledge for innovation, and capturing the value for its stakeholders.
Chapter
1, "The Metanational Advantage,"
shows why emergent metanational corporations have a growing edge on traditional
multinationals. The good news is that multinationals have a powerful head
start in becoming successful metanationals - if they deploy
and extend their existing capabilities and resources.
At the same time, new players, be they startups or divisions of existing
corporations, can also achieve global stature.
Chapter 2, "Breaking Free of Geography,"
identifies a growing opportunity to innovate by tapping
pockets of technology and market intelligence scattered around the world.
To grasp this opportunity, however, companies need to break free of their
geographic and historical legacies.
In Chapter 3, "The Metanational Pioneers:
Benefits of Being Born in the Wrong Place," it turns out that the
companies defining the metanational path had no
choice but to look afar for technologies, capabilities, and market intelligence.
Their experiences draw a
blueprint for the skills and structures that tomorrow's winners will
need.
Chapter
4, "Shoehorning Won't Work,"
leads managers away from trying to coax metanational
innovation out of an organization that wasn't designed for the task.
Chapter 5, "The Tyranny of Distance,"
cuts a path around the trap of believing that information and
communications technology alone can eliminate the problems of mobilizing dispersed knowledge.
The next three chapters show managers how to augment their existing
organizations or build new ones to avoid costly errors along the metanational
path:
Chapter 6, "Learning From the
World", presents structures and processes that
enable a company to prospect for knowledge that can differentiate
it from competitors.
Chapter
7, "Mobilizing Dispersed Knowledge", tells how to innovate
by integrating -- or "melding" -- pieces of knowledge originating
in multiple locations around the world.
Chapter 8, "Harvesting the Value
of a Metanational Innovation", presents a working model
of how to relay discoveries into the hands of a day-to-day operating
network.
And Chapter 9, "From Global
to Metanational", provides a practical blueprint for senior
managers who are ready to join the metanational trend.
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